BeaconEquity.com announces the publication of an article covering Solar Power’s huge increase in 2008 revenue, with expectations of higher revenues in 2009.
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m
In the article the author writes:
“Solar Power Inc. (OTCBB: SOPW) developer, manufacturer and marketer of photovoltaic (PV) panels for the U.S. market and abroad, recently announced it more than doubled its 2008 revenue, but fell shy by $1.5 million of net income from last year. … The Roseville, Calif.-based company reported a net loss of $8.7 million, or 23 cents per fully diluted shares, compared with last year’s $7.2 million loss, or 22 cents per fully diluted shares. Annual revenue skyrocketed to $47.4 this year from last year’s revenue of $18.1 million.”
Solar Power experiences a transitional year in 2008, selling PV panels to an international market:
“The company notes that 2008 was a transitional year in that the company began selling PV panels to an international market, accounting for the dramatic increase in sales volume for 2008. The company’s PV panels are manufactured at its facility in China. … Solar Power Inc. also notes that it has signed five franchise agreements for its Yes! Solar Solution panels and unveiled a new rack mounting system for its panels during the year.”
To read the entire article visit http://www.beaconequity.com/m
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
